{"id":77855,"date":"2021-04-12T00:31:19","date_gmt":"2021-04-12T04:31:19","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=77855"},"modified":"2021-04-11T21:59:47","modified_gmt":"2021-04-12T01:59:47","slug":"alibaba-shares-jump-5-after-being-hit-with-2-8-billion-fine-in-anti-monopoly-probe","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2021\/alibaba-shares-jump-5-after-being-hit-with-2-8-billion-fine-in-anti-monopoly-probe.html","title":{"rendered":"Alibaba shares jump 5% after being hit with $2.8 billion fine in anti-monopoly probe"},"content":{"rendered":"\n<p>(CNBC) Alibaba shares in Hong Kong jumped more than 5% on Monday after the company <a href=\"https:\/\/www.cnbc.com\/2021\/04\/09\/china-fines-alibaba-in-anti-monopoly-probe.html\">was fined 18.23 billion yuan ($2.8 billion)<\/a> by Chinese regulators as a result of an anti-monopoly investigation. \u201cDespite the record fine amount, we think this should lift a major overhang on BABA and shift the market\u2019s focus back to fundamentals,\u201d Morgan Stanley wrote in a note on Sunday, a day after the fine was issued.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/04\/12\/alibaba-shares-jump-after-2point8-billion-fine-anti-monopoly-fine.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Alibaba shares in Hong Kong jumped more than 5% on Monday after the company was fined 18.23 billion yuan ($2.8 billion) by Chinese regulators as a result of an anti-monopoly investigation. \u201cDespite the record fine amount, we think this [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77855","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=77855"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77855\/revisions"}],"predecessor-version":[{"id":77856,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77855\/revisions\/77856"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=77855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=77855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=77855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}